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Researched by Industrial Info Resources (Sugar Land, Texas)--Xcel Energy Incorporated (NASDAQ:XEL) (Minneapolis, Minnesota) is taking strides to decarbonize its power fleet. In second-quarter 2019, the company filed its Upper Midwest Resource Plan, which aims to exit coal-fired power in the Upper Midwest by 2030. The company also is taking great strides to expand its wind power footprint in its various service areas.
Click on the image at right for a breakdown by market region of active Xcel Energy projects.
The Upper Midwest Resource plan calls for the retirement of coal plants, starting with Xcel's King Power Station in Bayport, Minnesota, in 2028 and Unit 3 at the Sherburne County (Sherco) Power Station in Becker, Minnesota in 2030. For more information, see Industrial Info's plant profiles of the King and Sherco power plants.
The plan also calls for the extension of the life of the Monticello nuclear power plant in Minnesota from 2030 to 2040. In addition, Xcel says it will construct a natural gas-fired, combined-cycle unit at its Sherco site. While the project remains some time off and is in the early planning stage, the facility would provide an estimated 786 megawatts (MW) of generation. For more information, see Industrial Info's project report.
Xcel is taking even greater strides in the buildout of its wind generation. In the second quarter, the company completed its 478-MW windfarm in Hale County, Texas. Construction on the $769 million project began in mid-2018, with Wanzek Construction Incorporated (Fargo, North Dakota) providing engineering, procurement and construction (EPC). The facility includes 229 Vestas wind turbine generators. For more information, see Industrial Info's project report.
With plans to add 3,700 MW of wind generation between 2017 and 2021, Xcel has other windfarms in various phases of development. Construction on one of its biggest wind projects is set to begin later this year. The 522-MW Sagamore Windfarm near Portales, New Mexico, will include approximately 261 wind turbine generators. Construction is set to begin in the fourth quarter and will take about a year to complete. Wanzek Construction is providing EPC. The project has an estimated total investment value of $865 million. For more information, see Industrial Info's project report.
Xcel also is underway with construction on its Foxtail Windfarm in Dickey County, North Dakota. Construction on the windfarm began in summer 2018 and is expected to be completed soon. The facility will use 73 wind turbines to generate 150 MW. For more information, see Industrial Info's project report.
Xcel also is moving to increase generation from another renewable source: hydropower. The company began an uprate and expansion project at its Cabin Creek pumped-storage hydropower facility in Colorado last year. The project includes increasing reservoir storage capacity by 745 acre-feet, and replacing turbine runners and refurbishing equipment on two 150-MW units to improve efficiency and increase generation capacity by 36 MW. GE Renewable Energy (Paris, France) is providing EPC on the project, which is expected to wrap up in the first half of next year. For more information, see Industrial Info's project report.
Xcel is underway with some ambitious transmission projects, among them the Tuco-Yoakum-Hobbs transmission line in the Texas Panhandle and New Mexico. Construction on the 345-kilovolt line began last year, and the project includes an upgrade of the Yoakum substation. Construction is expected to wrap up next summer. For more information, see Industrial Info's project reports on:
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.
The Upper Midwest Resource plan calls for the retirement of coal plants, starting with Xcel's King Power Station in Bayport, Minnesota, in 2028 and Unit 3 at the Sherburne County (Sherco) Power Station in Becker, Minnesota in 2030. For more information, see Industrial Info's plant profiles of the King and Sherco power plants.
The plan also calls for the extension of the life of the Monticello nuclear power plant in Minnesota from 2030 to 2040. In addition, Xcel says it will construct a natural gas-fired, combined-cycle unit at its Sherco site. While the project remains some time off and is in the early planning stage, the facility would provide an estimated 786 megawatts (MW) of generation. For more information, see Industrial Info's project report.
Xcel is taking even greater strides in the buildout of its wind generation. In the second quarter, the company completed its 478-MW windfarm in Hale County, Texas. Construction on the $769 million project began in mid-2018, with Wanzek Construction Incorporated (Fargo, North Dakota) providing engineering, procurement and construction (EPC). The facility includes 229 Vestas wind turbine generators. For more information, see Industrial Info's project report.
With plans to add 3,700 MW of wind generation between 2017 and 2021, Xcel has other windfarms in various phases of development. Construction on one of its biggest wind projects is set to begin later this year. The 522-MW Sagamore Windfarm near Portales, New Mexico, will include approximately 261 wind turbine generators. Construction is set to begin in the fourth quarter and will take about a year to complete. Wanzek Construction is providing EPC. The project has an estimated total investment value of $865 million. For more information, see Industrial Info's project report.
Xcel also is underway with construction on its Foxtail Windfarm in Dickey County, North Dakota. Construction on the windfarm began in summer 2018 and is expected to be completed soon. The facility will use 73 wind turbines to generate 150 MW. For more information, see Industrial Info's project report.
Xcel also is moving to increase generation from another renewable source: hydropower. The company began an uprate and expansion project at its Cabin Creek pumped-storage hydropower facility in Colorado last year. The project includes increasing reservoir storage capacity by 745 acre-feet, and replacing turbine runners and refurbishing equipment on two 150-MW units to improve efficiency and increase generation capacity by 36 MW. GE Renewable Energy (Paris, France) is providing EPC on the project, which is expected to wrap up in the first half of next year. For more information, see Industrial Info's project report.
Xcel is underway with some ambitious transmission projects, among them the Tuco-Yoakum-Hobbs transmission line in the Texas Panhandle and New Mexico. Construction on the 345-kilovolt line began last year, and the project includes an upgrade of the Yoakum substation. Construction is expected to wrap up next summer. For more information, see Industrial Info's project reports on:
- the Tuco-Yoakum transmission line
- the Yoakum-Hobbs transmission line
- the transmission line from the Texas state line to the Hobbs substation in New Mexico
- the Yoakum substation upgrade
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.